On January 14, Liu Weiguang, the Senior Vice President of Alibaba Cloud Intelligence Group and the head of its Public Cloud Business Unit, made a bold declaration. He announced Alibaba Cloud's ambitious goal to capture a staggering 80% of the incremental market share in China's burgeoning AI cloud market by 2026. Furthermore, Liu highlighted that the incremental growth expected in the upcoming year would constitute 10% of the market, a figure that would even outstrip the total market volume of the preceding year. He underscored the point that previous accomplishments hold little bearing in this context, as the industry is merely at the dawn of a transformative era.
